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Investors Say Climate Change is Huge Threat to Economy, Pensions

Investors Say Climate Change is Huge Threat to Economy, Pensions | Sustain Our Earth | Scoop.it
Some of the world's largest investors are once again warning that climate change could sink our economy and our pensions. So why isn't there action?
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Sustain Our Earth
News that effects the sustainability of life on Earth
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Stupidity Is Not A Valid Defense For Us - The Automatic Earth

Stupidity Is Not A Valid Defense For Us - The Automatic Earth | Sustain Our Earth | Scoop.it

If we can't plead stupidity, what else is there? How do we live with ourselves? Is it all the stuff we buy that manages to numb our brains and consciences?

 

When I see a headline like this one at Bloomberg today, World Needs Record Saudi Oil Supply as OPEC Convenes, there’s just one thought that pops into my head: what the world needs is for us to stop doing this thing we’re doing. Even apart from peak oil concerns, it’s obvious we’re going to run out at some point or another, and it doesn’t matter whether that’s tomorrow or at some other point in the future, though we do know it’s not going to take another 100 years, or even 50.

 

And nothing will ever take the place of oil; once those unique carbons are gone, that’s it, we’ll have to find a completely different way of running our societies, and if we’re not smart enough to prepare for that beforehand, we’ll be cats fighting in a sack and use the last scraps to kill off each other. And our legacy won’t be the Greek thinkers and Picasso and Dostoyevsky and Walt Whitman and Maria Callas, since there won’t be the means for our children anymore to share what makes man great between them. Our main legacy will instead be bloodshed, we will have gone the exact same path that any non-thinking or even primitive organism would have taken, who don’t have opera or philosophy or poetry to their name.

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David Collet's curator insight, August 2, 8:26 PM

A thoughtfull read.

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Liberia to provide 1,000 Ebola beds in overwhelmed capital

Liberia to provide 1,000 Ebola beds in overwhelmed capital | Sustain Our Earth | Scoop.it
Liberia announced plans Sunday for a four-fold increase in beds for Ebola patients in its overwhelmed capital Monrovia, as US troops arrived to help tackle the deadly epidemic.
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Battling superbugs with gene-editing system

Battling superbugs with gene-editing system | Sustain Our Earth | Scoop.it
In recent years, new strains of bacteria have emerged that resist even the most powerful antibiotics. Each year, these superbugs, including drug-resistant forms of tuberculosis and staphylococcus, infect more than 2 million people nationwide, and kill at least 23,000. Despite the urgent need for new ...
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Tens of thousands join London climate march

Tens of thousands join London climate march | Sustain Our Earth | Scoop.it
Tens of thousands of people in London joined a global day of protest Sunday to demand action on climate change, among them British actress Emma Thompson who said the challenge to save the planet was like tackling a Martian invasion.
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Indians rally against climate change ahead of UN talks

Indians rally against climate change ahead of UN talks | Sustain Our Earth | Scoop.it
Hundreds of demonstrators rallied in New Delhi on Saturday, calling on the Indian government and world leaders to take urgent steps against climate change at a high-stakes UN summit next week.
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Green dream: Can UN summit revive climate issue?

Green dream: Can UN summit revive climate issue? | Sustain Our Earth | Scoop.it
Five years ago, the environment movement was in its heyday as politicians, actors, rock stars and protestors demanded a looming UN summit brake the juggernaut of climate change.
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CO2 emissions set to reach new 40 billion ton record high in 2014

CO2 emissions set to reach new 40 billion ton record high in 2014 | Sustain Our Earth | Scoop.it
Carbon dioxide emissions, the main contributor to global warming, are set to rise again in 2014 - reaching a record high of 40 billion tonnes.
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World greenhouse emissions threaten warming goal

World greenhouse emissions threaten warming goal | Sustain Our Earth | Scoop.it
Emissions of greenhouse gases are rising so fast that within one generation the world will have used up its margin of safety for limiting global warming to 2°C (3.6°F), an international team of scientists warned Sunday.
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The Tipping Point

The Tipping Point | Sustain Our Earth | Scoop.it
We won't know for decades whether we have crossed critical thresholds, tipping points, in the climate system, but I think this much we can say - the Climate and Renewable Energy movement crossed a ...
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SF becomes first major city to ban sale of plastic water bottles

SF becomes first major city to ban sale of plastic water bottles | Sustain Our Earth | Scoop.it
San Francisco on Tuesday became the first major city in the U.S. to ban the sale of plastic water bottles on public property, building on...
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UNESCO rejects Coalition bid to delist Tasmanian forest

UNESCO rejects Coalition bid to delist Tasmanian forest | Sustain Our Earth | Scoop.it
The Abbott Government loses a bid to delist 74,000 hectares of forest from Tasmania's World Heritage Area.
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Nestle Waters' bid to sign Fryeburg deal suffers setback - The Portland Press Herald / Maine Sunday Telegram

Nestle Waters' bid to sign Fryeburg deal suffers setback - The Portland Press Herald / Maine Sunday Telegram | Sustain Our Earth | Scoop.it
Regulators recommend that a controversial contract with a family-controlled water utility be rejected.
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Congressman: Don’t Trust Climate Scientists, They’re In It For The Money

Congressman: Don’t Trust Climate Scientists, They’re In It For The Money | Sustain Our Earth | Scoop.it
The freshman Congressman said he doesn't accept the scientific literature on climate change because the scientists who write it need global warming to exist in order to get paid.
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Overwhelmed west Africa ramps up Ebola response

Overwhelmed west Africa ramps up Ebola response | Sustain Our Earth | Scoop.it
West Africa intensified its response to the deadly Ebola epidemic on Sunday, with Sierra Leone uncovering scores of dead bodies during a 72-hour shutdown and Liberia announcing hundreds of new hospital beds.
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Sierra Leone reaches final day of Ebola lockdown

Sierra Leone reaches final day of Ebola lockdown | Sustain Our Earth | Scoop.it
Frustrated residents complained of food shortages in some neighborhoods of Sierra Leone's capital on Sunday as the country reached the third and final day of a sweeping, unprecedented lockdown designed to combat the deadly Ebola disease, volunteers said.
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Australians rally for climate, including at G20 talks

Australians rally for climate, including at G20 talks | Sustain Our Earth | Scoop.it
Australians rallied for climate action on Sunday, from protesters chanting 'Green energy' outside G20 talks to forming a human chain message in Sydney as part of an international day of action.
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UN summit to test commitment to climate fund

UN summit to test commitment to climate fund | Sustain Our Earth | Scoop.it
A global fund created to spearhead climate change financing faces a key test at a UN summit this week when it looks to the leaders of the industrialised world to stump up billions of dollars to fill its underflowing coffers.
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Quakes destroy or damage 83 houses in Philippines

Quakes destroy or damage 83 houses in Philippines | Sustain Our Earth | Scoop.it
A series of earthquakes destroyed 17 houses and damaged 66 others Saturday in a southern Philippine town, slightly injuring three people, officials said.
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Kiribati leader visits Arctic on climate mission

Kiribati leader visits Arctic on climate mission | Sustain Our Earth | Scoop.it
Fearing that his Pacific island nation could be swallowed by a rising ocean, the president of Kiribati says a visit to the melting Arctic has helped him appreciate the scale of the threat.
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To dam or not to dam? Pakistan experts ponder flood strategy

To dam or not to dam? Pakistan experts ponder flood strategy | Sustain Our Earth | Scoop.it
Energy-starved Pakistan relies on a multitude of dams and barrages to prevent Himalayan rivers from flooding and help meet its power needs, but their failure to prevent disaster four years running is making some experts question their utility.
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Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?

Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply? | Sustain Our Earth | Scoop.it

Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been

 holding up the world economy for a very long–since World War II, at least–is failing to expand sufficiently. If the debt bubble collapses, we will be in huge difficulty.

 

Many people have the impression that falling oil prices mean that the cost of production is falling, and thus that the feared “peak oil” is far in the distance. This is not the correct interpretation, especially when many types of commodities are decreasing in price at the same time. When prices are set in a world market, the big issue is affordability. Even if food, oil and coal are close to necessities, consumers can’t pay more than they can afford.

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Tomgram: Taylor and Appel, The Subprime Education Scandal | TomDispatch

Tomgram: Taylor and Appel, The Subprime Education Scandal | TomDispatch | Sustain Our Earth | Scoop.it

We used to hear more often about those malignant institutions serving, or rather plaguing, the poor: the loan sharks who charged 100% or more per year in interest, the furniture or radios that ended up costing several times their value on the installment plan. Two or three decades ago, however, we didn’t think of an education as being part of the landscape of predation upon the poor. Now, as Astra Taylor and Hannah Appel explain, when it comes to a new crew of “for-profit” colleges, higher education has gone hyena and is tearing at the financial flesh of the poor.

 

Even mainstream institutions can be sketchy these days, if you look closely enough. Most liberal arts college programs give their students a vague, if exhilarating, sense that the best possible outcome of their vocation is practically an inevitability, and yet there are far from enough tenure-track jobs, top galleries, or niches on bestseller lists for all the people being educated.

 

Though people make it in all these fields, they are a tiny minority.  So many others pay their dues and get little for it, except whatever is inherently meaningful in their education, which won’t, of course, lighten their loan burden at all.

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Why Those Tiny Microbeads In Soap May Pose Problem For Great Lakes

Why Those Tiny Microbeads In Soap May Pose Problem For Great Lakes | Sustain Our Earth | Scoop.it
The plastic beads in some face soaps look a lot like fish food when they end up in the water. Two states are close to banning the beads, which researchers say can spread toxins through the food chain.
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Conflict of interest claims persist in Maine’s Nestle water case | Al Jazeera America

Conflict of interest claims persist in Maine’s Nestle water case | Al Jazeera America | Sustain Our Earth | Scoop.it
The approval of a 25-year water contract between Nestle and the town of Fryeburg, ME is raising concern.
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Slate Exclusive: Why Greenland’s “Dark Snow” Should Worry You

Slate Exclusive: Why Greenland’s “Dark Snow” Should Worry You | Sustain Our Earth | Scoop.it
Jason Box knows ice. That’s why what’s happened this year concerns him so much. Box just returned from a trip to Greenland. Right now, the ice there is … black: The ice in Greenland this year isn’t just a little dark—it’s record-setting dark. Box says he’s never seen anything like...
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Krugman, IMF: Fighting Global Warming Is ‘Cheap’ And ‘Might Actually Lead To Faster Growth’

Krugman, IMF: Fighting Global Warming Is ‘Cheap’ And ‘Might Actually Lead To Faster Growth’ | Sustain Our Earth | Scoop.it
Two new studies find that "strong measures to limit carbon emissions would have hardly any negative effect on economic growth, and might actually lead to faster growth," as Nobelist Paul Krugman puts it. Here's why.
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